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Retail Asia13/02/2017

Pernod Ricard saw improved performance in the global travel-retail (GTR) channel, helping sales and recurring operations to grow 4% organically in the first half of 2017 to €1.5bn ($1.6bn). Total group sales reached €5.061bn. The positive numbers in the travel-retail channel were as a result of new organisations getting up to speed. Improvement was […]

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Retail Asia19/11/2016

According to Pernod Ricard travel retail witnessed an “improving trend in travel retail Americas” with a “return to growth [and] better performance from duty free across zone, product mix and pricing.” However, the travel retail division admitted that it battled a ‘difficult environment’ in Asia for Q1 ‘impacted by tough commercial negotiations’. More positively the […]

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Retail Asia19/02/2016

Despite difficulties in Asian travel retail, particularly in Korea, liquor supplier Pernod Ricard reports solid first-half 2015/2016 results totalling €5b ($5.7b) and organic growth of 3 per cent. It says the results represent a continued gradual improvement apart from difficulties for the Chivasbrand in the pernod Ricard Asia portfolio. There was a negative mix driven […]

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